--- title: CRB Monitor | Weekly Update | March 19-24, 2023 description: Highlighting growth of Tier 1A and 1B MRBs (marijuana-related businesses), marijuana business licenses, and beneficial owners with industry news to note. image: https://www.crbmonitor.com/hubfs/1AMRB-032423.png --- [![CRB Monitor](https://www.crbmonitor.com/hubfs/Crbmonitor%20-%20December2019/Images/logo.svg "CRB Monitor")](https://www.crbmonitor.com/) Close ## Request More Info We'd love to hear from you! Let us know how we can help. # RESOURCES | Data Updates | Regulatory CRB Monitor | Weekly Update | March 19-24, 2023 ##### Published on March 30, 2023 # Week of March 19 - March 24, 2023 Do you love data and staying up to date with the latest cannabis-related headlines? Are you searching for industry news to inform your institution’s approach to cannabis risk and compliance?  You've come to the right place. ## Hashing Out the Truth CRB Monitor’s database growth by the numbers. ### Tier 1 Marijuana-Related Business Counts Weekly Summary (March 19 - March 24, 2023):     67,156 1A MRBs +  3,651 1B MRBs =  70,807 total ### 1A MRBs *![1AMRB-032423](https://www.crbmonitor.com/hs-fs/hubfs/1AMRB-032423.png?width=468&height=273&name=1AMRB-032423.png) Tier 1A defined: Businesses in this tier literally touch the cannabis plant at some point along the supply chain from "seed to sale," and are generally licensed by a government agency or regulator. Effectively all of their actual or expected revenue is derived from the cultivation, production, testing or sale of cannabis.* ### 1B MRBs  *![1BMRB-032423](https://www.crbmonitor.com/hs-fs/hubfs/1BMRB-032423.png?width=468&height=256&name=1BMRB-032423.png) Tier 1B defined: Businesses that have a financial or controlling interest in a Tier 1A CRB. CRB Monitor generally considers 1B businesses as seemingly unrelated businesses highlighted as red flags by FinCEN in its marijuana banking guidance and are similar in nature to individual beneficial owners. * ### Marijuana Business Licenses *![MBL-032423](https://www.crbmonitor.com/hs-fs/hubfs/MBL-032423.png?width=468&height=329&name=MBL-032423.png) Note: Inactive licenses, unlicensed, and unknown licenses have been excluded.* ### Beneficial Owners Count *![BOR-032423](https://www.crbmonitor.com/hs-fs/hubfs/BOR-032423.png?width=468&height=272&name=BOR-032423.png) Beneficial owners defined: For beneficial owners, each economic owner or controlling person is classified into one or more categories based on their relationship to the linked CRB including: (1) Owner/Investor, (2) Board Member, (3) Corporate Officer, (4) Executive, (5) Non-commercial Registered Agent or (6) Senior Manager.* [Schedule Demo to See Full Database > ](https://cta-service-cms2.hubspot.com/web-interactives/public/v1/track/click?encryptedPayload=AVxigLJD1yIF1IrCC2%2B2U0eNWdHj6Sn9vXOR%2FbensQH28M8tEuLHksMU8Vi2EfB5Iij5cm8TYEvDap1UvVsxxnrsM7e8Qun%2BCHYY8f5zRaS%2FZssISKgwXZpl4fSQ5%2F8%2BP0HO4q%2F%2B4c8HWm9fTboTa%2BXBCqbwZ3NxsEvKa6gzqh2KX%2BBBAYg8a0tSzFGlpsZec0b6yMlxb6ymGT%2FjkmT49lwU9Mcwsw%3D%3D&portalId=6526999) ## News of Note *A selection of relevant cannabis-related news*. *Items marked with ![logo_color_markonly 20px](https://www.crbmonitor.com/hs-fs/hubfs/logo_color_markonly%2020px.png?width=20&height=17&name=logo_color_markonly%2020px.png) indicate links to licensed business profiles in the CRB Monitor database.* #### Mergers & Acquisitions #### [ECGI Announces Intent to Acquire 8bit Cannabis Brand Widens to 20 Dispensaries](https://www.prnewswire.com/news-releases/ecgi-announces-binding-loi-to-acquire-8bit-cannabis-brand-as-target-distribution-widens-to-20-dispensaries-301779582.html)  [![logo_color_markonly 20px](https://www.crbmonitor.com/hs-fs/hubfs/logo_color_markonly%2020px.png?width=20&height=17&name=logo_color_markonly%2020px.png)](https://app.crbmonitor.com/businesses/49471) #### Negative News [Oklahoma Notches Win Against Fraudulent Ownership of Medical MJ  Businesses](https://sbg.colorado.gov/sites/sbg/files/documents/230320_HSA_Carrick-Harvest.docx.pdf)  [![logo_color_markonly 20px](https://www.crbmonitor.com/hs-fs/hubfs/logo_color_markonly%2020px.png?width=20&height=17&name=logo_color_markonly%2020px.png)](https://app.crbmonitor.com/businesses/3967) [2nd lawsuit filed against cannabis REIT Innovative Industrial Properties](https://mjbizdaily.com/sec-charges-cannabis-firm-american-patriot-brands-with-fraud/)  [![logo_color_markonly 20px](https://www.crbmonitor.com/hs-fs/hubfs/logo_color_markonly%2020px.png?width=20&height=17&name=logo_color_markonly%2020px.png)](https://app.crbmonitor.com/businesses/24478) [Cocaine announcement by marijuana company Adastra leads to lawsuit](https://mjbizdaily.com/cocaine-announcement-by-marijuana-company-adastra-leads-to-lawsuit/)  [![logo_color_markonly 20px](https://www.crbmonitor.com/hs-fs/hubfs/logo_color_markonly%2020px.png?width=20&height=17&name=logo_color_markonly%2020px.png)](https://app.crbmonitor.com/businesses/37710) [Health and Safety Advisory: Carrick-Harvest, LLC (dba Veritas Fine Cannabis)](https://sbg.colorado.gov/sites/sbg/files/documents/230320_HSA_MJ_Durango.pdf)  [![logo_color_markonly 20px](https://www.crbmonitor.com/hs-fs/hubfs/logo_color_markonly%2020px.png?width=20&height=17&name=logo_color_markonly%2020px.png)](https://app.crbmonitor.com/businesses/4853) [SEC charges cannabis firm American Patriot Brands with fraud](https://mjbizdaily.com/sec-charges-cannabis-firm-american-patriot-brands-with-fraud/)  [![logo_color_markonly 20px](https://www.crbmonitor.com/hs-fs/hubfs/logo_color_markonly%2020px.png?width=20&height=17&name=logo_color_markonly%2020px.png)](https://app.crbmonitor.com/businesses/26000) [Health and Safety Advisory: MJ Durango LLC (dba Durango Cannabis Company)](https://sbg.colorado.gov/sites/sbg/files/documents/230320_HSA_MJ_Durango.pdf)  [![logo_color_markonly 20px](https://www.crbmonitor.com/hs-fs/hubfs/logo_color_markonly%2020px.png?width=20&height=17&name=logo_color_markonly%2020px.png)](https://app.crbmonitor.com/businesses/4853) #### Legalization & Regulation [Liquor Wholesalers Advocate Federal Legalization of Adult-Use Cannabis](https://www.prnewswire.com/news-releases/wswa-announces-commitment-to-federal-legalization-and-regulation-of-adult-use-cannabis-301779500.html)[Gov. Hochul Says New York Illicit Cannabis Market Is 'Unacceptable'](https://www.cannabisbusinesstimes.com/news/hochul-introduces-legislation-crack-down-new-york-illicit-cannabis-market/) [Texas Bill to Expand Qualifying Conditions for Medical Cannabis Clears Committee](https://www.cannabisbusinesstimes.com/news/texas-lawmakers-pass-bill-legalize-medical-cannabis/) [Long Island cities opt out of marijuana retail, limiting options for store operators](https://mjbizdaily.com/options-limited-as-long-island-new-york-opts-out-of-marijuana-retail/) [Medical marijuana legalization advances in Kentucky, dies in Kansas](https://mjbizdaily.com/medical-marijuana-legalization-advances-in-kentucky-dies-in-kansas/) [US Lawmakers Reintroduce Bipartisan Bills to Regulate CBD](https://www.cannabisbusinesstimes.com/news/lawmakers-reintroduce-bipartisan-measures-regulate-hemp-derived-cbd/) [Bipartisan senators file bill to ease federal restrictions on industrial hemp farmers](https://www.marijuanamoment.net/bipartisan-senators-file-bill-to-ease-restrictions-on-industrial-hemp-farmers/) #### Licensing Related [Florida legislation would admit more Black farmers into medical cannabis industry](https://www.orlandoweekly.com/cannabis/florida-legislation-would-admit-more-black-farmers-into-medical-cannabis-industry-33780587) #### International [Switzerland nears launch of recreational cannabis trial](https://mjbizdaily.com/switzerland-nears-launch-of-recreational-cannabis-trial/) #### Other News [Curaleaf closing cannabis grow facility in New Jersey, laying off workers](https://mjbizdaily.com/curaleaf-closing-cannabis-grow-facility-in-new-jersey-laying-off-workers/)   [![logo_color_markonly 20px](https://www.crbmonitor.com/hs-fs/hubfs/logo_color_markonly%2020px.png?width=20&height=17&name=logo_color_markonly%2020px.png)](https://app.crbmonitor.com/businesses/127) [First Arizona cannabis store owned by Black woman to open 4/20](https://mjbizdaily.com/1st-arizona-cannabis-store-owned-by-black-woman-to-open-4-20/)[Metrc expands Maryland track-and-trace contract to adult-use marijuana market](https://mjbizdaily.com/metrc-expands-maryland-track-and-trace-contract-to-adult-use-marijuana-market/) [Oklahoma proposes extending marijuana grow license moratorium](https://mjbizdaily.com/oklahoma-proposes-extending-marijuana-cultivation-license-moratorium/)[Pennsylvania court rules medical cannabis costs can be reimbursed](https://mjbizdaily.com/pennsylvania-court-rules-medical-cannabis-costs-can-be-reimbursed/)[Black-owned, legacy Detroit marijuana dispensary opens on west side](https://www.detroitnews.com/story/business/2023/03/18/first-black-owned-legacy-detroit-marijuana-dispensary-opens/70022679007/)  [![logo_color_markonly 20px](https://www.crbmonitor.com/hs-fs/hubfs/logo_color_markonly%2020px.png?width=20&height=17&name=logo_color_markonly%2020px.png)](https://app.crbmonitor.com/businesses/51798) [Body and Mind Announces Q2 2023 Financial Results](https://www.prnewswire.com/news-releases/body-and-mind-announces-q2-2023-financial-results-301779748.html)  [![logo_color_markonly 20px](https://www.crbmonitor.com/hs-fs/hubfs/logo_color_markonly%2020px.png?width=20&height=17&name=logo_color_markonly%2020px.png)](https://app.crbmonitor.com/businesses/13146)[Marijuana products under voluntary recall in Arizona due to potential contamination](https://www.fox10phoenix.com/news/certain-marijuana-products-under-voluntary-recall-in-arizona-due-to-potential-contamination-azdhs) [Oregon firm defends lawsuit challenging state ban on interstate cannabis sales](https://www.marijuanamoment.net/oregon-company-defends-federal-lawsuit-challenging-the-states-ban-on-cannabis-exports/)  [![logo_color_markonly 20px](https://www.crbmonitor.com/hs-fs/hubfs/logo_color_markonly%2020px.png?width=20&height=17&name=logo_color_markonly%2020px.png)](https://app.crbmonitor.com/businesses/6883) ### Most Popular ### Subscribe For Updates ## Explore how CRBMonitor can simplify your cannabis-related compliance challenges. 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